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In big hurry? No time to stop? Now, cruise through all toll plazas on national highways courtesy FASTag A good move. The article doesn't say whether the lane will be a 'drive through at speed' lane without a boom gate or a stop and proceed with boom gate lane. We don't yet have a national registry ...

X-post from Economy [url=Govt mulling 2% relief on GST for digital payments]http://timesofindia.indiatimes.com/business/india-business/govt-mulling-2-relief-on-gst-for-digital-payments/articleshow/60250385.cms[/url] As predicted : The steps come at a time when there has been a fall in electronic tra...

[url=Govt mulling 2% relief on GST for digital payments]http://timesofindia.indiatimes.com/business/india-business/govt-mulling-2-relief-on-gst-for-digital-payments/articleshow/60250385.cms[/url] As predicted : The steps come at a time when there has been a fall in electronic transactions over the p...

Madhya Pradesh to give one lakh cash award for pending revenue cases after three months Chief Minister Shivraj Singh Chouhan on Tuesday said a campaign for quick disposal of undisputed revenue cases like demarcation and partition has been launched in Madhya Pradesh and citizens will get a cash awar...

Govt stays firm, refuses to reopen note swap window ........the Centre on Monday firmly said that no new opportunity would be given for the exchange of the outlawed currency as it could be misused.Centre on Monday firmly said that no new opportunity would be given for the exchange of the outlawed c...

Tata Motors MD Butschek writes letter to employees about crisis, says ‘it’s time to deliver’ The financial year 2017 was not a good year for Mumbai-based Tata Motors as it closed with a total loss of Rs 2,480 crore. FY2018 too has not had a great start with a low truck sales performance. Even in te...

Infrastructure upgrade for Pune: City has planned a Rs 75000 cr revamp investments of Rs 65,000 crore lined up over the next five to six years on the construction of a new airport, a new Metro link, and a Ring Road, among other projects. Taken together with the Rs10,000 crore that has been committe...

All that is true and agreed. Given the extent of evasion pre GST, historically, the State has not shown the will to,prosecute to the fullest. Laws existed pre GST. There are reports of,profiteering coming in. Don't know the extent of then issue (inside or outside the proverbial bell curve ) but besi...

GST: How companies are gaming the system Many companies, especially those with a turnover of between Rs 50 crore to Rs 200 crore, are creating shell companies specifically to take advantage of GST. These shell companies would be used to take credit in an interstate transaction and would accumulate ...

Soon, an app to pay your power bills This is nothing new. We knew it all along. Madkaikar said that the state had sufficient power supply but due to inadequate or old infrastructure , certain parts of the state face power problems. Being power surplus is is praiseworthy and a stellar achievement. I...

And we fret and fume about boycotting Chinese goods. The Nagpur metro project was awarded to the Chinese. Assuming the government is not clueless and is in control then one can possibly safely assume that this dhokla business is all theatrics like 2 neighbours yelling at the top of their voice at ea...

Nepal officials to hold talks with India on GST According to the traders and freight forwarders, the authority at the Kolkata Port earlier used to impose 15 per cent logistic service charge on goods imported from third countries. With GST coming into effect, that charge has been raised to 18 per ce...

GST impact on companies: Gloom and doom vanishes, India Inc at ease Migrating to GSTN was a simple process that only took ten minutes,” Nitin Gupta of Siyaram Bros, a company sells automobile parts to retailers across the country. Gupta said with over `30 crore in annual turnover, his company has h...

US firm admits to paying $1.1m bribe to NHAI A Boston-based consultancy firm has admitted to the justice department of the United States that its officials paid bribe of $1.18 million (approximately Rs 6.7 crore) to NHAI officials between 2011 and 2015, company's division for India operations and C...

Good news and progress on the new Goa airport GMR raises Rs 1,900 crore for phase-I of Mopa airport The GMR Goa International Airports Limited (GGIAL), a subsidiary of GMR Airports Limited, has secured funds worth Rs 1,900 crore for the development of the greenfield airport at Mopa. The company has ...

Maybe personal income tax will be reduced in the enxt budget. If would,be smarter to cut rates next year and then year after which is an election year. IIRC other countries went from pre GST state to post GST target state in 1 step. In India, it's going to me a multi step affair due to our economic ...

Perhaps, it the 'organised' sector (big factories and karobar) which has no wiggle room and choice has complied with the letter and spirit of the GST. Most, maybe all, of these were probably already paying tax. And, maybe, it's the 'unorganised' sector (gyms, mom and pop shops and establishments ) t...

Don't know where else to post this ‘Chak De’ role model Negi may be suspended in airport graft case Mir Ranjan Negi, assistant commissioner of customs and former India hockey goalkeeper, the inspiration behind the Bollywood hit movie Chak De India, and his colleague may be suspended in the ongoing c...

@AK thank you very much for the post. Clears up many things incl the narrative about IAF a being import pasand. So it's not the IAF but the MOD and it's various arms that are preventing the scale up and deployment. I have had several interactions with NFTC pilot(s) and unanimously they love the LCA/...

http://img.etimg.com/photo/59506596/.jpg Isn't the 13% AI market share also due to PP's policy of deliberately hobbling AI to favour private carriers ? AI had no freedom to dynamically set its prices and was always outpriced by the private players. The airline and service suck but the food is still...

GST forcing CAs to spend sleepless nights Panaji: Since the Goods and Services Tax (GST) was launched, chartered accountants and taxation consultants are spending sleepless nights explaining the intricate details of the GST to their clients. With the clock ticking and the given July 31 deadline for...

Air India break-up an option as PM Modi pushes for sale Air India — founded in the 1930s and known to generations of Indians for its Maharajah mascot — is saddled with a debt burden of $8.5 billion and a bloated cost structure. The government has injected $3.6 billion since 2012 to bail out the air...

Checkpoint to checkpoint, how GST effect differs Yesterday, I went to Navatara, probably, the only decent veg chain restaurant in Goa. All kosher. It's a AC/Non AC restaurant. GDT at 18% charged on a computerised bill. Went to small guitar shop to buy a capo and a set of strings. He was selling pre...

Netanyahu seems beside himself. Like a boy in a candy shop. Looks like he assembled his entire senior cabinet in the reception committee. Genuine smiles and goodwill all around. No matter the battered, tattered and vilified image of AI, it's always proud to see it present India's flag and the Devnag...